Comment on Fed Favorite Janet Yellen Is No Dove—And That's A Good Thing

Fed Favorite Janet Yellen Is No Dove—And That's A Good Thing

ReutersMonetary policy can be kind of boring, so we make up metaphors to make it sound more interesting. He's a hawk! And she's a dove! And ... what were we talking about again? Oh, right. Monetary policy. See, the dominant metaphor when it comes to the Fed are "hawks" who care more (or is it only?) about inflation, and "doves" who don't.

 

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